American Aires Provides Record Holiday Shopping Season Sales Performance, Including 116% YoY Order Volume Growth, 62% Gross Margin
American Aires reports record holiday shopping season performance with 116% year-over-year order volume growth reaching $6.72 million from October 1 through December 3, 2024. The company achieved a 62% gross margin, up from 60% in 2023, due to reduced product costs and favorable product mix. The holiday shopping period, which includes Black Friday and Cyber Monday, historically represents a significant portion of annual sales (27.5% in 2022 and 29.9% in 2023). The company's cash balance as of December 9, 2024, stood at $2,368,418. Q4 has historically represented between 35.99% and 42.14% of annual order volumes from 2021 to 2023.
American Aires riporta performance record per la stagione dello shopping natalizio con una crescita del volume degli ordini del 116% rispetto all'anno precedente, raggiungendo $6,72 milioni dal 1 ottobre al 3 dicembre 2024. L'azienda ha ottenuto un margine lordo del 62%, in aumento rispetto al 60% del 2023, grazie alla riduzione dei costi dei prodotti e a una combinazione di prodotti favorevole. Il periodo dello shopping natalizio, che include il Black Friday e il Cyber Monday, rappresenta storicamente una parte significativa delle vendite annuali (27,5% nel 2022 e 29,9% nel 2023). Il saldo di cassa dell'azienda al 9 dicembre 2024 ammontava a $2.368.418. Il quarto trimestre ha storicamente rappresentato tra il 35,99% e il 42,14% dei volumi annuali di ordini dal 2021 al 2023.
American Aires informa sobre un rendimiento récord durante la temporada de compras navideñas con un crecimiento del 116% en el volumen de pedidos interanual, alcanzando $6.72 millones desde el 1 de octubre hasta el 3 de diciembre de 2024. La compañía logró un margen bruto del 62%, frente al 60% en 2023, gracias a la reducción de costos de productos y una mezcla de productos favorable. El período de compras navideñas, que incluye el Black Friday y el Cyber Monday, representa históricamente una parte significativa de las ventas anuales (27.5% en 2022 y 29.9% en 2023). El saldo de caja de la compañía al 9 de diciembre de 2024 era de $2,368,418. El cuarto trimestre ha representado históricamente entre el 35.99% y el 42.14% de los volúmenes anuales de pedidos desde 2021 hasta 2023.
American Aires는 2024년 10월 1일부터 12월 3일까지 전년 대비 주문량이 116% 증가한 $6.72 백만 달러를 기록하며 기록적인 명절 쇼핑 시즌 실적을 보고했습니다. 회사는 제품 비용 절감과 유리한 제품 믹스 덕분에 총 매출 이익률이 62%로, 2023년의 60%에서 증가했습니다. 블랙프라이데이와 사이버 먼데이를 포함한 명절 쇼핑 기간은 역사적으로 연간 매출의 상당 부분을 차지합니다(2022년 27.5% 및 2023년 29.9%). 2024년 12월 9일 기준으로 회사의 현금 잔액은 $2,368,418에 달했습니다. 4분기는 2021년부터 2023년까지 연간 주문량의 35.99%에서 42.14% 사이를 차지해왔습니다.
American Aires fait état d'une performance record durant la saison des achats de fin d'année avec une croissance du volume des commandes de 116% par rapport à l'année précédente, atteignant 6,72 millions de dollars du 1er octobre au 3 décembre 2024. L'entreprise a enregistré une marge brute de 62%, en hausse par rapport à 60% en 2023, grâce à la baisse des coûts des produits et à une combinaison de produits favorable. La période de shopping des fêtes, qui inclut le Black Friday et le Cyber Monday, représente historiquement une part significative des ventes annuelles (27,5% en 2022 et 29,9% en 2023). Le solde de trésorerie de l'entreprise au 9 décembre 2024 s'élevait à 2 368 418 dollars. Le quatrième trimestre a historiquement représenté entre 35,99% et 42,14% des volumes de commandes annuels de 2021 à 2023.
American Aires berichtet über die Rekordleistung der Feiertagssaison mit einem Wachstum des Bestellvolumens um 116% im Jahresvergleich, das vom 1. Oktober bis zum 3. Dezember 2024 $6,72 Millionen erreichte. Das Unternehmen erzielte eine Bruttomarge von 62%, im Vergleich zu 60% im Jahr 2023, aufgrund gesenkter Produktkosten und einer günstigen Produktmischung. Der Feiertagsverkaufszeitraum, der den Black Friday und Cyber Monday umfasst, stellt historisch gesehen einen signifikanten Teil des Jahresumsatzes dar (27,5% im Jahr 2022 und 29,9% im Jahr 2023). Das Barguthaben des Unternehmens belief sich am 9. Dezember 2024 auf $2.368.418. Das vierte Quartal machte historisch gesehen zwischen 35,99% und 42,14% des jährlichen Bestellvolumens von 2021 bis 2023 aus.
- Record order volume of $6.72M, representing 116% YoY growth
- Improved gross margin to 62% from 60% in 2023
- Strong cash position of $2.37M as of December 9, 2024
- Heavy reliance on Q4 seasonal sales (35.99-42.14% of annual volumes)
Holiday shopping season is defined as October 1 through December 3
Time period represented
27.5% and29.9% of annual order volumes in 2022 and 2023Aires' strong performance since 2022 indicates sales strategy is taking full advantage of seasonal sales effect
Toronto, Ontario--(Newsfile Corp. - December 10, 2024) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) ("Aires" or the "Company"), a pioneer in advanced technology designed to protect against electromagnetic field (EMF) radiation and optimize human health, provides an update on the Company's 2024 holiday shopping season performance. The time period from October 1 through December 3 represented a disproportionate percentage of the Company's yearly order volumes in 2022 and 2023 (
"This year's performance was our best ever, thanks to our committed team efforts, enabling us to scale up our organic revenue growth in earnest," said American Aires CEO Josh Bruni. "Our data-driven marketing campaigns are now showing significant benefit from our world-class partnerships when it comes to driving strong sales growth. The growth we engineered in 2024 now lays the foundation for us to continue scaling up our business in 2025 and to begin witnessing positive growth efficiencies from our planned marketing strategies. It's exciting to write another chapter in the story of our rapid growth trajectory while continuing to establish Aires as a household brand in the EMF protection and peak performance space."
| Holiday Shopping Season Sales Performance (Oct. 1st through Dec. 3rd) | ||
| Order Volume** | Gross Margin Percentage | |
| 2023 | | |
| 2024 | ||
| YoY | ||
| **Order Volume: non-IFRS measure, total value of orders placed minus sales discounts | ||
The holiday shopping season causes disproportionate sales increases toward the end of each year. This seasonal factor contributed to our Q4 order volumes in 2021, 2022 and 2023, representing
Aires' strong sales performance this year and over the past three years indicates that management's sales and marketing strategy is taking full advantage of this seasonal sales effect. Our strategy involves investing significant advertising and marketing resources throughout the year. Those early-year efforts compound throughout the year to build market awareness and consumer demand that maximizes our order volumes during the holiday shopping season and in Q4.
The Company selected the time period of October 1 through December 3 to include this year's Black Friday, Cyber Monday, and the day after Cyber Monday. While the day after Cyber Monday in 2023 was November 27, we included order volume data from 2023 for October 1 through December 3 (i.e., the same 64 shopping days) in order to facilitate easy comparison of cross-year performance.
Our next significant performance reporting period will be for the full Q4 quarter and our fiscal year ending on December 31, 2024. Management expects to file Q4 results in April 2025. Aires will therefore endeavour to announce interim unaudited Q4 and full year results in as timely a manner as possible to provide investors with the Company's most up-to-date performance metrics, particularly due to the significance of the annual holiday seasonal sales cycle in Q4.
About American Aires Inc.
American Aires Inc. is a Canadian-based nanotechnology company committed to enhancing well-being and environmental safety through science-led innovation, education, and advocacy. The company is selling a line of proprietary patented silicon-based resonator products that protect against the potentially harmful effects of electromagnetic field (EMF) radiation.* Aires' Lifetune products diffract EMF radiation emitted by consumer electronic devices such as cellphones, computers, baby monitors, and Wi-Fi, including the more powerful and rapidly expanding high-speed 5G networks. Aires is listed on the CSE under the ticker 'WiFi' and on the OTCQB under the symbol 'AAIRF'. Learn more at www.investors.airestech.com.
*Note: Based on the Company's internal and peer-reviewed research studies and clinical trials. For more information please visit https://airestech.com/pages/tech.
On behalf of the board of directors
Company Contact:
Josh Bruni, CEO
Website: www.investors.airestech.com
Email: wifi@airestech.com
Telephone: (415) 707-0102
Investor Relations Contact
Nikhil Thadani
(905) 667-6692
nik@sophiccapital.com
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, future market position, growth, innovations, global impact, business strategy, product adoption, use of proceeds, corporate vision, proposed acquisitions, strategic partnerships, joint ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedarplus.ca. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The Shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. We seek safe harbour.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233030
FAQ
What was American Aires (AAIRF) holiday season order volume in 2024?
What was AAIRF's gross margin percentage for holiday season 2024?
How much did American Aires (AAIRF) grow year-over-year in holiday season 2024?
